It's based on the purchase price and will not include any improvements, reno, or increase in value since the purchase.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

The Phila.gov website says this is needed to get your wholesaler license:InsuranceYou must provide a Certificate of Insurance that includes the minimum amount:General Liability Insurance: $1,000,000 per occurrence

This includes interest rates, repayment schedules, and loan duration.

Everything I've purchased personally, including a recent 4-unit purchased last month, has been heavily cashflow negative initially and it usually takes a good amount of work to get it to cashflow or break even within a relatively short period of time....6-12 month approximately.

And those also only have a limited ability at best to generate a balance sheet, which you generally want to include on a 1065 return.came here looking for answers to exactly this question, and David is correct re: why.

ABA cost was about $5500 that included comprehensive operating agreements for all three and subscription to their portal.

Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)

Sorry for the long post but wanted to include all details possible.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.